As shown in the chart below, the DOW was on the verge of breaking down prior to today's little Treasury party hosted by the FED. We could call them the Robin Hood FED for saving the day but they are more like the anti-Robin Hood FED because they tend to steal from the poor and give to the rich. As one wise economist said today, "do they really think a $200 billion injection will solve an $11 trillion dollar problem?"

They just bought a little time - VHF